Common use of Conditions of Additional Closing(s) Clause in Contracts

Conditions of Additional Closing(s). Subject to the terms and conditions of this Agreement, at any time and from time to time after the Closing the Company may, at one or more additional closings (each an “Additional Closing”), without obtaining the signature, consent or permission of any of the Investors, offer and sell to other investors (the “New Investors”), Notes pursuant to this Agreement under terms no more favorable to such New Investors than the terms and conditions set forth in this Agreement, having an aggregate principal amount of no more than the difference of (i) Five Hundred Thousand Dollars ($500,000.00) minus (ii) the aggregate principal amount of all Notes previously sold hereunder. New Investors may include persons or entities who are already Investors under this Agreement.

Conditions of Additional Closing(s). Subject to the terms and conditions of this Agreement, at any time and from time to time after during the Closing 90 day period immediately following the Closing, the Company may, at one or more additional closings (each an “Additional Closing”), without obtaining the signature, consent or permission of any of the Investors, offer and sell to other investors (the “New Investors”), Notes pursuant to this Agreement under terms no more favorable to such New Investors than the terms and conditions set forth in this Agreement, Notes having an aggregate principal amount of no more than the difference of (i) Five Hundred Thousand Dollars ($500,000.00) 7,000,000 minus (ii) the aggregate principal amount of all Notes previously sold hereunder. New Investors may include persons or entities who are already Investors under this Agreement.

Conditions of Additional Closing(s). Subject to the terms and conditions of this Agreement, at any time and from time to time after the Closing until and including , , the Company may, at one or more additional closings (each an “Additional Closing”), without obtaining the signature, consent or permission of any of the Investors, offer and sell to other investors (the “New Investors”), ) Notes pursuant to this Agreement under terms no more favorable to such New Investors than the terms and conditions set forth in this Agreement, Notes having an aggregate principal amount of no more than the difference of (i) Five Hundred Thousand Dollars ($500,000.00) x,xxx,xxx minus (ii) the aggregate principal amount of all Notes previously sold hereunder. New Investors may include persons or entities who are already Investors under this Agreement.